MAI Capital Management Sells 816 Shares of iShares Exponential Technologies ETF $XT

MAI Capital Management lessened its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 4.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,073 shares of the company’s stock after selling 816 shares during the quarter. MAI Capital Management’s holdings in iShares Exponential Technologies ETF were worth $1,040,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SPC Financial Inc. boosted its position in iShares Exponential Technologies ETF by 1.3% during the first quarter. SPC Financial Inc. now owns 16,350 shares of the company’s stock valued at $941,000 after purchasing an additional 214 shares in the last quarter. Daymark Wealth Partners LLC boosted its holdings in shares of iShares Exponential Technologies ETF by 0.3% in the 1st quarter. Daymark Wealth Partners LLC now owns 88,285 shares of the company’s stock valued at $5,082,000 after buying an additional 264 shares in the last quarter. BostonPremier Wealth LLC boosted its holdings in shares of iShares Exponential Technologies ETF by 1.5% in the 1st quarter. BostonPremier Wealth LLC now owns 19,199 shares of the company’s stock valued at $1,105,000 after buying an additional 287 shares in the last quarter. Essex Financial Services Inc. grew its position in shares of iShares Exponential Technologies ETF by 3.7% in the 1st quarter. Essex Financial Services Inc. now owns 8,105 shares of the company’s stock worth $467,000 after buying an additional 289 shares during the last quarter. Finally, CoreCap Advisors LLC raised its stake in shares of iShares Exponential Technologies ETF by 41.7% during the 4th quarter. CoreCap Advisors LLC now owns 1,009 shares of the company’s stock worth $60,000 after acquiring an additional 297 shares in the last quarter.

iShares Exponential Technologies ETF Stock Up 0.1%

NASDAQ:XT opened at $67.66 on Thursday. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 26.41 and a beta of 1.02. iShares Exponential Technologies ETF has a 52 week low of $49.01 and a 52 week high of $68.62. The firm has a 50 day moving average of $66.49 and a 200 day moving average of $62.02.

iShares Exponential Technologies ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a $0.209 dividend. The ex-dividend date of this dividend was Monday, June 16th. This is a positive change from iShares Exponential Technologies ETF’s previous dividend of $0.01.

iShares Exponential Technologies ETF Company Profile

The iShares Exponential Technologies ETF (XT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index that provides exposure to firms from developed and emerging markets, which create or use exponential technologies as defined by Morningstar.